Russia
_1751039759.png)
Russia’s inflation continued to recede to 9.5%
Russia’s consumer price inflation during the week of June 17–23 was 0.04% week on week, flat as compared to the previous week, according to the latest report from RosStat statistics agency.
Russian banking officials warn of hidden risks as debt concerns mount
Russia’s banking sector faces a growing threat of a systemic crisis within the next 12 months, with internal assessments suggesting a more fragile outlook than official statements imply.
Russia’s Tinkov and Calvey bet on Mexican fintech as Plata targets $10bn IPO
Two of the most prominent figures in post-Soviet finance, Oleg Tinkov and Michael Calvey, have reunited as investors in Plata, a rapidly growing Mexican fintech aiming to replicate the success of Tinkoff Bank, Russia’s first online-only fintech.
Tosyali dethrones Eregli to become largest Turkish steelmaker
Company owner Fuat Tosyali became a favourite businessman of president Erdogan. Projects he’s involved in include making Turkey’s “native and national” Altay battle tank.
Russia’s switch to Murmansk after EU sanctions on LNG exports exposes fragile dependence on Western shipping – CREA
Russia’s attempt to reroute Arctic LNG exports through domestic waters following the European Union’s March 2025 transshipment ban has exposed a hidden vulnerability at the core of its energy strategy, Centre for Research on Energy and Clean Air.
Putin heads to Belarus for EEU summit amid divisions within bloc
Russian President Vladimir Putin will travel to Belarus on June 26-27 to attend events commemorating the tenth anniversary of the Eurasian Economic Union.
Will Ukraine's refugees go home after the war is over?
Russia’s full-scale invasion in 2022 caused Europe’s biggest displacement in decades as millions fled, most of them women and children. Three years later, there are still more than 5mn Ukrainians living abroad and only 20% say they will go home.
Kazakhstan denies Ukrainian drones attacking Russia via its airspace
Moscow said dozens crossed western parts of its neighbour headed for Russian targets.
Nato members agree to 5% GDP spending hike, but will they pay?
Nato leaders agreed to raise defence spending to 5% of GDP by 2035 and renewed their commitment to collective defence at the Nato summit held in the Hague on June 25, but how many of them will pay?
Crypto token launched in Kyrgyzstan by Moldovan oligarch facilitates sanctions-dodging billions for Russia, says report
“A7A5” said to be first stablecoin pegged to ruble. Russian defence sector bank also behind it.
Polish public support for Ukraine’s EU and NATO membership drops sharply – poll
Public backing in Poland for Ukraine’s accession to the European Union and Nato has fallen significantly since the start of the war, according to a new survey by the research agency IBRiS.
_1750862283.jpeg){kind=spacer}
Putin to skip Rio BRICS summit over ICC warrant as Xi signals no-show
Brazil's hosting of next month's BRICS summit is being overshadowed by the likely absence of two of the bloc's most powerful leaders, threatening to dent the gathering's geopolitical significance.
Estonia already spending more than 5% on Nato defences as it prepares for possible war with Russia
Nato members are gathering in The Hague for the annual security conference on June 25 where the US is demanding countries increase defence spending to at least 5% of GDP by 2035. Estonia is already there.
LONG READ: Nato summit in The Hague is all about the money, not about Ukraine
The collected membership of Nato meets in The Hague on June 25 for a cutdown version of the annual gathering, where Ukraine has been dropped from the agenda and the only thing that will be discussed is increasing defence spending to 5% of GDP.
How President Trump clinched a ceasefire between Israel and Iran
Following twelve days of intense warfare between Iran and Israel, a ceasefire has been reached through direct US intervention and diplomatic support from other countries.
COMMENT: The long road to a BRICS-led world order hits familiar obstacles
Brazil's upcoming BRICS summit exposes the bloc's growing pains as 21 members wrestle with deep divisions. The group's ambitious challenge to US financial dominance hits reality as internal disagreements threaten its push for global clout.
Russia courts Mexico with LNG offer as energy ties with US face strain
Russia is pushing to boost energy ties with Mexico, offering LNG and tech support as the country faces ageing infrastructure, low output, and heavy reliance on US gas.
Sanctions no longer top Russian business concern, worries now focused on internal constraints on growth – survey
Russian business leaders are increasingly less concerned about Western sanctions but more preoccupied with structural economic challenges, particularly labour shortages and cost pressures, according to the latest "CEO Barometer" poll.
Farmers powerless to prevent five of the six staple crop yields from plummeting – New Scientist
Efforts by farmers to adapt to rising temperatures will not be enough to prevent severe losses in global staple crop production due to climate change, according to a new study published in New Scientist on June 18.
COMMENT: Black Sea becomes central to Europe’s evolving security order
As the war in Ukraine grinds on, the Black Sea is emerging as the key theatre in Europe’s long-term security contest with Russia, according to political analyst Dimitar Bechev of the Carnegie Endowment for International Peace.